LEASEDIndustrial
Lewis Logistics Leases 15,518 SF Industrial Space At 4500 West Walnut Hill Lane In Dallas
4500 W Walnut Hill Ln, Irving, TX 75038, USA
Building Size
155,180 SF
Asset Type
Industrial
Closing
Jul 22, 2020
AI
The industrial property located at 4500 West Walnut Hill Lane in Dallas has recently been leased. The property spans a total of 15,518 square feet.
Summary of transaction details:
- Property Type: Industrial
- Tenant: Lewis Logistics
- Landlord: Hines Interests
- Tenant's Representative: TenantBase Inc
- Landlord's Representatives: Bob Hagewood & Jeremy Kelly - Stream Realty Partners
TenantBase Inc represented Lewis Logistics in the lease agreement, while Bob Hagewood and Jeremy Kelly from Stream Realty Partners represented the landlord, Hines Interests.
Players
Irving Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93